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20121121
20121129
Search Results 0 to 7 of about 8 (some duplicates have been removed)
. maybe they don't know about the tax increases that await us. do they know about the layoffs and the take away of the stimulus? are they foolish and brave? smug, we won't go back into a recession? perhaps obtuse. like the warden in "shawshank redemption." first off, we shouldn't be putting that much faith in the consumer value numbers to begin with. it was right at the beginning of the breakdown of society as we know it. sure, they were confident. but they were wrong. great depression was right around the corner. second, many people polled were paying no income taxes. we know that 47% of the people in the country were paying the rates. but a lot of people in the country, cohort small and it is a small part of the survey. maybe the wealthier people haven't assessed the impact, given how difficult the tax code is to comprehend. i have been trying to figure out what it could be. that makes me cautious. third, it is possible we are overstating the whole fiscal cliff issue. there are people who calculate how much they would owe. they are still spending aggressively. maybe they just don't care.
uncertainty, jim, uncertain in taxes, uncertain in the elections. >> right. >> caller: and inflation is a big concern of mine. is there anything i can do at my age to protect myself from all these uncertainties that are coming up? >> okay, well, look. i've got to tell you unless you have -- you're a person who really does have to heed my 20% in gld or gold, gold bullion. i'm not going to tell you listen, you should buy bonds that yield 2% and that's going to protect you. i think gold is going to be the best defense you have against the worries that you just outlined. let's go to anthony in virginia, please. anthony? >> caller: washington redskins boo-yah rg3 nation stand up. >> man. dan snyder is your owner, have you thought about that at all? >> caller: i got a quick question. >> boo! >> when stay on the sidelines or look to get in long-term? >> when it's overbought, my old rule, i use the s&p oscillator. it comes delivered to my door on saturdays. my rule is very overbought, hey, take a pass. another time will come. however, you can get started small and hope it comes back if you just can't
, makes everyone pay more in taxes. i don't really want to have this gear. the president said today he thought a deal could be done by christmas. the speaker of the house said he's optimistic a compromise could be reached. i wear this pin every night in in part because i genuinely believe it is not a lost cause. tonight business leaders in washington are urging a deal. people who are not really known as pals of the president. the president also bringing his pressure to bear on small regular people, regular folks. i'm old enough to remember when it meant my parents. he's turned to twitter to talk about the evil kwonss of cliff jumping. let me tell you, why all this talk may end up being nothing but big hat and no cattle. what we're seeing now is something which was supposed to be totally draconian, increases in old tax rates, coupled with automatic cuts in spending may not be unpalatable to change the minds of intransit politician. that's because right now that the very moment many of those politicians believe rising above politics is political suicide, that compromises the real and dre
classmate grover norquist, the anti-tax crusader who came out swinging this weekend reminding republicans who signed the no new tax pledge to not discuss impure thoughts if they talk about taxes on national television. i know important apornography w it. it made it very clear that any republican who signed the pledge, that's pretty much every republican in congress, who balks at someone whose career is over. to me, that meant the defectors are far and few between. as a moderate leadership cannot deliver those pledge to the norquist hardline. norquist who seems to welcome a bust on the wall of shame, used to beg for it, is more powerful than speaker john boehner. norquist is more powerful than boehner. it feels as if the air went out of the compromise zeppelin. hey, like the graph zeppelin, like, lakers. retail, now we're hearing that there wasn't as much follow-through to the initial sales from thursday night. i think it's nonsense, but mo macy's and costco were tagged with huge loss es today. i believe the holiday sales are far are flat-out strong. amazing numbers from apple, like a rock
the economy isn't able to handle the tax increases and spending cuts. we know those comments caused the bulk of the intraday pullback. the market was humming along fine. we did in the end rebound nicely. it was a huge victory for the bulls. the losses, regardless of the cliff and it's aftermath, we need to head off the personal portfolio management errors before they cost another dime for us. today we got two phenomenal examples of what could go wrong in banking. first we had hewlett-packard. if you are like me, i have both and hp pc and household printer. to finish at $11.71. best buy. the big box retailer, i have not once but twice done in the last six months. closed at $11.96. two household names that you may have been lured into only to have your hopes dashed. two unmitigated disasters. >> the house of pain. >> what went wrong? hewlett-packard was an accounting scandal. best buy was a hideous earnings shortfall. both seemed to shock investors. however, if you watch this show, you should never have been in these stocks. or you were betting against them. i told you that these companies wer
Search Results 0 to 7 of about 8 (some duplicates have been removed)